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Motorola to Be Taken Over by RIM, HP or Dell: CNBC

Target price for Motorola is $21-22 per share
By Maureen O'Gara
Article Rating:
December 11, 2007 09:00 PM EST
Reads:
 20,609

CNBC reported on Monday at "Closing Bell" that Motorola maybe a logical take over target by Dell, HP, or Rim, at  $21-22 per share target price.

Motorola CEO Ed Zander's chair wasn't even cold yet when the company's CTO Padmasree Warrior, with the company for 23 years, suddenly decided to "pursue other opportunities" and was out the door.
 
Twenty-four hours later she turned up at Cisco as CTO, reporting to CEO John Chambers, who called her a "visionary." Obviously the move has been in the works for a while.
 
The Wall Street Journal says she's into "seamless mobility," where multiple devices share the same video, voice and data. It jibes with Cisco's vision.
 
Warrior, 47, told the Journal her departure from Motorola had nothing to do with Zander's fall from grace, merely with what she wanted to do. Apparently she'll get more scope at Cisco.
 
Her predecessor at Cisco, Charlie Giacarlo, is now chief development officer and heir presumptive to Chambers.
 
Moto's chief strategy officer Rich Nottenburg is stepping in for Warrior while the company restructures its technology organization.

Published December 11, 2007 – Reads 20,609
Copyright © 2007 SYS-CON Media, Inc. — All Rights Reserved.
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More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025.

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Most Recent Comments
Marsha 12/11/07 07:34:11 PM EST

Ms. Warrior is quite brilliant - Chambers made a smart move installing her as CEO. This is a terrific win for Cisco. It's not the first time Chambers has championed incredible women in his organization. Silicon Valley serial entrepreneur Judy Estrin was CTO of Cisco from Precept Software's acquisition in 1998 to April of 2000.
Motorola News Desk 12/10/07 03:51:29 PM EST

CNBC reported today that Motorola maybe a logical take over target by Dell, HP, or Rim, at $21-22 per share target price. Motorola CEO Ed Zander's chair wasn't even cold yet when the company's CTO Padmasree Warrior, with the company for 23 years, suddenly decided to 'pursue other opportunities' and was out the door. Twenty-four hours later she turned up at Cisco as CTO, reporting to CEO John Chambers, who called her a 'visionary.' Obviously the move has been in the works for a while. The Wall Street Journal says she's into 'seamless mobility,' where multiple devices share the same video, voice and data. It jibes with Cisco's vision.